Construction starts on $8 million Chicago Vīb hotel project at Midway Airport
Best Western Hotels & Resorts held a ground breaking ceremony Nov. 3 for its very first North Amenican Vīb Hotel, the Chicago Vib Hotel. The…
Hospitality
Associate Bank coordinates $36M loan for new Marriott Autograph Collection Hotel in Chicago
Associated Bank has coordinated a $36 million loan for ECD Company affiliate, SMASHotels Chicago, LLC, for the construction of the new Marriott Autograph Collection Hotel…
Wright Heerema Architects adds new principal to hospitality practice
Richard Fawell, AIA, IIDA, NCARB, has joined Wright Heerema Architects as a principal to grow and lead the hospitality & mixed-use practice.
Marcus & Millichap announces the $2.5M sale of Country Inn & Suites
Marcus & Millichap announced the sale of Country Inn & Suites, a 61-room hospitality property located in Galesburg, IL, for $2,488,500.
Indoor waterpark? Movie-themed amusement park? Benson-Orth General Contractors helping to bring the fun to Twin Cities suburbs
Minneapolis residents looking for even more entertainment than the Twin Cities proper can provide will soon plenty of kid- and adult-friendly fun about 30 miles…
German investor acquires LondonHouse Chicago hotel for $315 million
Oxford Capital Group, LLC has sold its latest luxury hotel development, LondonHouse Chicago, in a recent venture with Angelo, Gordon, for $315 million.
Batra Hospitality Group, Inc. acquires Appleton, Wisconsin Holiday Inn
Bridge Investments, a Chicago-based private equity firm, sold a 226-room Holiday Inn located at 150 S. Nicolet Road in Appleton, Wisconsin, to Batra Hospitality Group,…
Construction begins on Wentzville’s new $12 million Hampton Inn
MC Hotel Construction recently broke ground on the new $12 million Hampton Inn by Hilton hotel located in Missouri's Wentzville Bluffs, a new development located…
Waterton’s Zettl: Pace of hotel construction remains strong in Chicago, across the Midwest
Several cities across the United States stand to benefit from new hotel construction this year, according to the latest research from Marcus & Millichap, with…
Four benchmarks for evaluating new hotel projects
The hospitality sector is in the sixth year of a bull run after the 2009-2010 economic downturn. Most markets across the country are enjoying record-high…